As someone with no idea as to conveyancing in Truro what is the number one tip you can give me for the ownership transfer in Truro

Not many law firms shout this from the rooftops but conveyancing in Truro and elsewhere in Cornwall is an adversarial experience. Put another way, when it comes to conveyancing there is plenty of room for friction between you and others involved in the legal transfer of property. For example, the vendor, estate agent and on occasion your bank. Selecting a law firm for your conveyancing in Truro is a critical decision as your conveyancer is your adviser, and is the SOLE party in the legal process whose role it is to look after your best interests and to keep you safe.

We are witnessing a distinct ongoing adversarial element to conveyancing- someone has to be at fault for the process taking so long. You must always trust your solicitor above the other parties in the home moving process.

About to place an offer on a leasehold apartment in Truro. The estate agents say that it is standard for flats in Truro to have less than 75 years remaining. I am taking out a mortgage with Accord Mortgages. Is this going to be acceptable if the lease has Seventy One years unexpired.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 6/9/2025 the requirements read as follows :

I'm purchasing my first flat in Truro benefiting from help to buy. The builders refused to move on the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep told me not to tell my conveyancer about the extras as it may put at risk my loan with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

My uncle has recommend that I instruct his lawyers for conveyancing in Truro. Do I take his guidance?

Much as we are happy to recommend a Truro conveyancing lawyer the ideal way to choose a conveyancing practitioner is to get recommendations from friends or family who have used the conveyancer that you are considering.

Last April I purchased a leasehold property in Truro. Am I liable to pay service charges for periods before completion of my purchase?

Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Leasehold Conveyancing in Truro - Examples of Questions you should ask before Purchasing

What is the length of the lease? Its a good idea to find out as much as you can concerning the company managing the block as they will impact your use and enjoyment of the property. As the proprietor of a leasehold property you are often at the mercy of the managing agents both financially and when it comes to practical matters like the tidiness of the communal areas. Enquire of prospective neighbours whether they are happy with their service. In conclusion, find out the dates that you are obliged pay the service charge to the relevant party and specifically what it includes.